W.P. Carey's (WPC) CEO Mark DeCesaris on Q3 2017 Results - Earnings Call Transcript

11/5/17

Good morning, everyone, and thank you for listening to our third quarter earnings call today. Joining me are Jason Fox, President and incoming CEO; John Park, Head of Strategic Planning and Capital Markets and incoming President; Brooks Gordon, Head of our Global Asset Management; and Toni Sanzone, our Chief Financial Officer.

Today marks a beginning of the next chapter for W. P. Carey; a simpler, more efficient company with a clear strategic focus and the management team with the right mix of age and experience to lead this company well into the future.

Approximately two years ago, the Board of Directors asked me to take on the position of CEO with two clear directives; develop a clear strategic vision and put in place an organization to execute that vision with the right mix of aging experience to bring stability to the management team.

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